Agree about Alan's site and would especially recommend his new book The Master Swing Trader ---- superb stuff from a real pro.
Turtle Soup is the invention of Larry Connors and Linda Bradford Raschke, detailed in their book *Street Smarts*. Basically it involves fading...
I second Lancer's excellent post and have a few observations especially for futures traders. 1) Post- (and pre-) market price surges and...
Fienyx ---- Barron's is an easy way to check the standard weekly and biweekly sentiment indicators every Saturday. They are all listed together...
I do wish to emphasize two things things about scaling out of positions. First, ultimately it all depends on whether you have what Tharp calls a...
Mjt ---- I might suggest you reread Tharp's excerpt and then test his proposition yourself. I've run several dozen 500-1000 trade simulations on...
We've reached a good resolution here I think --------- I believe Tharp is irrefutable on this issue mathematically, though for many traders...
Excellent commentary this afternoon about QQQs and NQ futures by Don Miller at tradingmarkets.com ----- must reading for Cubes daytraders.
To the best of my knowledge, Bernstein's survey is the only available one that measures trader sentiment daily (though I believe he samples...
I believe the Daily Sentiment Index (DSI) is a proprietary indicator of Jake Bernstein. You would have to pay to receive it or subscribe to one...
Futures symbols: ES - E-Mini S&P SP - Big (full contract) S&P NQ - E-Mini Nasdaq 100 ND - Big (full contract) NASDAQ 100 quarterly...
Bob ----- Personally, I'd never remotely consider daytrading the QQQs without watching both ES/SP and NQ in real time. I trade only ES, and watch...
I would also strongly recommend a subscription to tradingmarkets.com --------- Superb commentary, several very useful proprietary indicators and...
Hitman ---- Enjoyed your post again. I trade S&Ps exclusively, and might suggest three things: 1) support/resistance on index is tentative...
Hitman ----- I appreciate your honesty, and enjoyed reading about your trading day. We've all been there. For what it might be worth, I do have...
Caro --- A futures contract reflects not only the underlying value of a commodity, index or currency but also incorporates an added premium based...
Wow, White ---- thanx for that tip. I was a bit skeptical, but looking over a year of S&P charts you are right on -----there's unquestionably a...
If NQ01U doesn't work, try NQ U1.
Agree with tntneo ---- Don't use ND because it often lags NQ by as much as 15-20 seconds ----- not only is it pit-traded, but the contract size is...
Symbols are NQ M1 (for e-mini Nasdaq), soon to be NQ U1 after next week's rollover, ES M1 (for e-mini SP, soon to be ES U1), SP M1 (for big S&P,...
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